THE PURPOSES FOR WHICH NLS WAS ORGANIZED WERE: (I) TO RECEIVE, ADMINISTER AND DISBURSE FUNDS EXCLUSIVELY FOR SCIENTIFIC, EDUCATIONAL, AND CHARITABLE PURPOSES WITHOUT PECUNIARY GAIN TO ITS MEMBERS; (II) TO MAKE LOANS FOR THE BENEFIT OF PERSONS OF LOW-MODERATE INCOME WHO RESIDE PRIMARILY IN TARGETED NEIGHBORHOODS FOR IMPROVEMENTS TO THEIR RESIDENCY;(III) TO STEM OR OTHERWISE PREVENT DETERIORATION OF EXISTING HOUSING STOCK IN TARGETED NEIGHBORHOODS;(IV) TO PROVIDE IMPROVED HOUSING OPPORTUNITIES FOR PERSONS OF LOW- AND MODERATE-INCOME.
Executive compensation
Form 990 · Part VII & Schedule J · 3 reported individuals · Filing year 2023
Percentile bands compare each position's total pay with the same role at Housing & Shelter organizations in Illinois.
| Position | Total |
|---|---|
Chief Executive Officer 10th to 25th percentile | $21k $23k |
Chief Credit Officer Officer (Unspecified) | $19k $21k |
Chief Operating Officer 10th to 25th percentilevs Housing & Shelter peers nationwide | $9k $10k |
Teal figures restate each filed amount in 2026 dollars.
Estimated with Chicago-Naperville-Elgin, IL-IN-WI metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.
Plus 8 unpaid individuals.
Top pay as a share of expenses
In 2023, the highest total compensation at NEIGHBORHOOD LENDING SERVICES INC equaled 0.6% of the organization's total expenses. The median for housing & shelter organizations is 7%.
Based on 7,888 housing & shelter organizations, each measured at its most recent filing year with reported expenses and compensation.
Among peers
Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.
Common questions about NEIGHBORHOOD LENDING SERVICES INC
What does the Chief Executive Officer of NEIGHBORHOOD LENDING SERVICES INC earn?
In 2023, the Chief Executive Officer of NEIGHBORHOOD LENDING SERVICES INC received $21,207 in total compensation. This pay is in the bottom quarter for Chief Executive Officer roles among Housing & Shelter organizations in Illinois, above the lowest 10% of comparable filings. Based on IRS Form 990 data.
How does Chief Executive Officer pay at NEIGHBORHOOD LENDING SERVICES INC compare with similar nonprofits?
Compared with the same role at Housing & Shelter organizations in Illinois, the 2023 pay of the Chief Executive Officer at NEIGHBORHOOD LENDING SERVICES INC falls between the 10th and 25th percentiles. In 2023, the highest total compensation at NEIGHBORHOOD LENDING SERVICES INC equaled 0.6% of the organization's total expenses. The median for housing & shelter organizations is 7%.
What are NEIGHBORHOOD LENDING SERVICES INC's revenue and expenses?
In 2023, NEIGHBORHOOD LENDING SERVICES INC reported $4.5M in total revenue and $3.3M in total expenses on its IRS Form 990.
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